Renegades: Pioneering Liquid NFTs on Aptos?

With the spark from the new ERC-404 narrative on the horizon, some will definitely try to ride the narrative to gain traction and publicity.

One of which is Renegades (https://twitter.com/0xrenegades), who claims they will innovate and be the first semi-fungible token on Aptos using the Aptos FungibleAsset Standard.

A quick scroll through their Twitter feed reveals just a couple of teasers, but the profiles they’ve got following them is telling. You’ve got the likes of oxrome_, the Aptos APAC SPOC, and the brains behind Aptomingos and Shrimp Token, fischermingo and Flippymingo, in the mix. Not to mention @aptos_ind, representing the official Indian Aptos community. It is also being followed by a bunch of Aptos Community Manager profiles (not sure if this is relevant).

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And if a retweet from the official Aptos Twitter handle isn’t a sign of things heating up, I don’t know what is: https://x.com/Aptos/status/1765867524673962053?s=20

Notice the 420 likes? :face_in_clouds::dash:

Sure, there’s no official website or Discord server yet, but Renegades’ Twitter game is raising some eyebrows, even if they’re still shrouded in a bit of mystery.

Keep an eye on this one folks, but remember, it’s always smart to approach any NFT project with a dose of caution until they really prove themselves.

Read more about ERC-404 here:

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hi what exactly isa liquid NFT? sounds super cool but i am unfamiliar. do you have a tutorial or article somewhere? maybe an X thread?

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Hi fren! @neoytseditor

You can read about ERC-404 here (Aptos FungibleAsset Standard counterpart in EVM, the one that started it all): What Is ERC-404 Token Standard on Ethereum? | KuCoin Learn

Basically, it allows you to turn an NFT into a fungible divisible liquid token that can be easily sold based on, usually, the NFT floor price.

A good example is the libertas omnibus NFT in zkSync, I wrapped my libertas omnibus using the 404 wrapper in Syncswap, which allowed me to sell my libertas omnibus like a token. I even used my libertas token for gas fees through the paymaster function in zkSync a couple of times :grin:

Here’s a screenshot showing Libertas Omnibus wrapped into a liquid ERC-404 token, which now currently sells for the USDT amount shown:

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Thanks for the info bro

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very good :wave: :wave:

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This is no brainer

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anytime bro!

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definitely! keeping my eye on this one

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looks promising, wen roadmap tho

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yeah wen, hope their x profile would post some more to get engagement going

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